Lars Møller changed DOT clause just before bankruptcy
Dynamic Oil Trading (DOT) CEO Lars Møller signed a document containing changes to DOT's clauses just a few weeks before the collapse of OW Bunker, and the changes leave numerous legal experts highly puzzled. "The company restricts its liability," says one professor. Lars Møller does not recall the changes today.
BY DAVID BENTOW, OLE ANDERSEN, TOMAS KRISTIANSEN, AND MATHIAS ØRSBORG JOHANSEN
One week before OW Bunker sent shock waves through the stock market on October 7 with the company's first major 2014 result forecast downgrade, and five weeks before the total collapse of the group, subsidiary Dynamic Oil Trading in Singapore performed a series of changes to the company's clauses - changes that have now attracted international attention.
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